PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported a loss of $1.5 million in its first quarter.
The Purchase, New York-based company said it had a loss of 12 cents per share. Losses, adjusted for one-time gains and costs, came to 5 cents per share.
The operator of radio stations in small and mid-sized markets posted revenue of $98.7 million in the period.
For the current quarter ending in June, Townsquare said it expects revenue in the range of $114 million to $116 million.
The company expects full-year revenue in the range of $435 million to $455 million.
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